Age differences in accuracy were investigated by having older (M = 68.6 years) and younger (M = 21.5 years) adults make confidence judgments about the correctness of their responses to two sets of general knowledge items. For one set, prior to making their confidence judgments, subjects made mental strategy judgements indicating how they had selected their answers (i.e., they guessed, used intuition, made an inference, or immediately recognized the response as correct). Results indicate that older subjects were more accurate than younger subjects in predicting the correctness of their responses; however, making mental strategy judgments did not result in increased accuracy for either age group. Additional analyses explored the relationship between accuracy and other individual difference variables. The results of this investigation are consistent with recent theories of postformal cognitive development that suggest older adults have greater insight into the limitations of their knowledge.